13 December 2017

RBI Raises FPI Limit in G-Secs, State Development Loans

RBI Raises FPI Limit in G-Secs, State Development Loans

The Reserve Bank of India increased the limits for investment by foreign portfolio investors (FPIs) for the January-March 2018 quarter by Rs 6,400 crore in Central Government Securities (G-Secs) and Rs 5,800 crore in State development loans (SDLs).

With effect from January 1, 2018, the revised investment limit for FPIs in G-Secs will be Rs 2,56,400 crore against the existing limit of Rs 2,50,000 crore.Static/Current Takeaways Important for RBI Assistant Mains 2017 Exam-